What is TimeStatement?
TimeStatement is a time tracking software designed to simplify and streamline time tracking, project timesheet tracking, and absence management. It is marketed as suitable for small and medium-sized businesses (SMBs), as well as freelancers and independent professionals. According to the vendor, TimeStatement caters to a wide range of professions and industries, including engineering offices, accounting firms, consulting companies, legal firms, and IT and technology services.
Key Features
Project Timesheet: According to the vendor, TimeStatement allows service providers to easily and quickly record the services they provide, providing real-time visibility into employees' working hours on projects and enabling accurate and efficient billing.
Work Time Tracking: TimeStatement enables flexible and compliant tracking of employees' working hours, providing a clear overview of scheduled and actual hours, overtime, and absences, and generating comprehensive reports for time management and control.
Easy Billing: The vendor states that TimeStatement simplifies the process of creating and sending professional invoices, allowing customization of invoice templates to match corporate design, supporting recurring billing, QR invoicing, and handling multiple languages and foreign currencies.
Vacation Management: TimeStatement helps organizations efficiently manage and track employee absences, allowing employees to submit absence requests and managers to approve or reject them, with customizable absence categories and rules, and providing absence lists, reports, and monitoring of remaining holidays and absences.
Detailed Reports: TimeStatement generates comprehensive and detailed reports on various aspects of time tracking, providing insights into employee productivity, project performance, and resource allocation, helping identify trends, analyze data, and make informed business decisions, with support for data export and integration with other systems.
